Yields on Egypt’s T-bills rise at Thursday’s auction

Cairo – Mubasher: Egypt’s Ministry of Finance announced that yields on treasury bills increased at Thursday’s regular auction.

Yields on the 182-day bills rose to 19.112% compared with 18.731% a week earlier.

Yields on the 357-day bills moved up to 18.983% from 18.622% recorded last week.

The government estimated FY16/17 budget deficit to reach EGP 319.46 billion, compared with EGP 339 billion a year earlier.

 

Mubasher Contribution Time: 16-Dec-2016 09:18 (GMT)
Mubasher Last Update Time: 16-Dec-2016 09:18 (GMT)